Seems too low to be real.

Personally, I invest in properties in C-Class neighborhoods in my market (East Linden and Southern Hilltop), and they’ve been cash-flowing well so far.

So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000. 

Feel free to reach out with any questions about repairs, construction, mechanics, etc, as I am well versed in those fields.

This works out well in instances where a very small home underutilizing a very large lot. 

I used Asana as well

I just came across the idea, but don’t quite understand how it works or if it would be worth pursuing.

People want to be on the water not near it.

@Danielle B be VERY careful with S8 "gurus". 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.